FIS Sees FY23 Revenue Of $14.5B - $14.631B Vs. $14.52B Est; Q3 Revenue Of $3.64B - $3.69B Vs. $3.58B Est.
Portfolio Pulse from Benzinga Newsdesk
FIS has projected its FY23 revenue to be between $14.5B and $14.631B, which is higher than the estimated $14.52B. The company also expects its Q3 revenue to range from $3.64B to $3.69B, surpassing the estimated $3.58B.
August 04, 2023 | 10:57 am
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POSITIVE IMPACT
FIS's revenue projections for FY23 and Q3 are higher than the estimates, indicating potential growth and strong performance.
FIS's higher revenue projections for FY23 and Q3 compared to estimates suggest that the company is expecting strong performance in the future. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100